Press release
Robust Growth Expected in Global Light Therapy Market, Projected to Reach $1.66 Billion by 2029 with a 6.2% CAGR
Light Therapy Market Industry
Promising development trends, technological advancements and rising prevalence of skin diseases contribute to robust growth in the global light therapy market through 2029.
What is the Projected Market Size of the Global Light Therapy Market and its Growth Rate?
• Historic Period Market Growth: $1.24 billion in 2024 to $1.3 billion in 2025 (4.7% CAGR), driven by medical research advancements, healthcare acceptance, and raising consumer awareness.
• Forecast Period Market Growth: $1.3 billion in 2025 to $1.66 billion by 2029 (6.2% CAGR), attributed to personalization & customization, mental health awareness, regulatory support and more.
What is Driving the Growth in The Light Therapy Global Market Report 2025?
Rising prevalence of skin diseases is a primary driver for the growth of the global light therapy market. Skin diseases include conditions such as psoriasis, eczema, mycosis, vitiligo, and others, which can be treated by light therapy. Light therapy involves exposure of the skin to an ultraviolet (UV) light for a specific duration in conjunction with a medication that stimulates the skin's immunity. The therapy helps in treating skin conditions naturally and reduces cell development which leads to cutaneous disorders. High incidence rates of skin conditions, such as melanoma and psoriasis, underscore the substantial demand for light therapy, thus driving market growth.
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Who Are the Key Players Driving Light Therapy Global Market Report 2025 Growth?
• Verilux Inc.
• Koninklijke Philips NV
• Zepter International Switzerland AG
• Beurer GmbH
• Nature Bright Co.
• Lucimed SA
• Aura Daylight LLC
• Northern Lights Inc.
• PhotoMedex Inc.
• Sphere Gadget Technologies
• Compass Health Brands
• TheraLight LLC
• BioPhotas Inc.
• The Daylight Company
• Zerigo Health
• Northern Light Technology
• Chal-Tec GmbH
• and more.
What Are The Key Trends In The Light Therapy Global Market Report 2025?
Key trends include:
• Expanded clinical applications.
• Home-use devices
• Continuous research and development.
• Professional endorsement.
• Increased accessibility and awareness.
What Are The Segments Of The Global Light Therapy Global Market Report 2025?
1) By Product: Light Box, Floor and Desk Lamps, Handheld Devices for Skin Treatment, Light Visor, Dawn Simulator, Light Therapy Lamps, and Other Products.
2) By Light Type: White Light, Blue Light, Red Light, and Other Light Types.
3) By Application: Psoriasis, Vitiligo, Eczema, Acne Vulgaris, SAD/Winter Blues, Sleeping Disorders, and Other Applications.
4) By End User: Homecare Setting, Hospital, Dermatology Clinics, and Other End Users.
Which Region Leads The Light Therapy Global Market Report 2025?
North America retained the leading market position for the light therapy market in 2024. The Asia-Pacific region, however, is expected to be the fastest-growing market through 2025. The light therapy market report includes analyses for regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Light Therapy Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Light Therapy Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Light Therapy Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Light Therapy Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Light Therapy Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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